ADDIS ABABA — The African Union Commission Chairperson Mahmoud Ali Youssouf during the Nineth Tokyo International Conference on African Development (TICAD 9) has called on governments and development partners to renew their commitment to innovation-driven collaboration. At the conference,the Chairperson emphasized that mobilizing private capital for quality infrastructure and innovation, advancing the digital economy and…
Local start-ups continue to encounter hindrances in accessing equity investment. Funding limitations within South Africa’s venture capital (VC) ecosystem have once again been thrust into the spotlight, with an executive openly stating it is undercapitalised. Patrick Krappie, executive: innovation enabling at the Technology Innovation Agency (TIA), made the comments at a recent roundtable engagement it…
Arusha — The Minister for Education, Science and Technology, Professor Adolf Mkenda has warned that poor resource management, corruption and the mismanagement of public projects could continue to undermine Africa’s fight against poverty and hinder development. Speaking over the weekend in Arusha at the National Accountability Forum (YAIF), organised by the Wajibu Institute, Prof Mkenda…
When we think of building an SGR railway line, a massive hydroelectric dam, or a modern expressway, the first image that comes to mind is usually billions of dollars in financing, often from foreign loans, or grants. Rarely do we pause to imagine that the foundation of such mega-projects can be laid with something as…
Namibia is quietly emerging as one of Africa’s most compelling clean energy stories. With world-class solar and wind resources, the country is now pairing natural advantage with financial innovation to reshape its energy future. At the heart of this transformation is the green project financing, a fast-evolving mechanism that is unlocking capital, accelerating infrastructure and…
Cheapside, London — Dean Adansi, Chief Executive Officer of Ghana International Bank (GHIB), has unveiled a financing blueprint aimed at breaking Africa’s dependence on raw commodity exports and driving investment into local value addition. Speaking to the BBC on the sidelines of GHIB CONVERGE 2025 in London, Adansi argued that Africa is losing billions of…
The spotlight is set to shine on Nigeria this September as the country prepares to host the continent’s largest elevator and escalator industry exhibition –Lift Expo Nigeria 2025. Scheduled to take place from September 2nd to 4th at the prestigious Landmark Centre, Victoria Island, Lagos, the event is the first of its kind in the…
Rome — Dr. Stefanos Fotiou is Director, UN Food Systems Coordination Hub The global food system is under pressure from every direction – climate, conflict, inequality, and economic instability. But in Addis Ababa this July, something shifted. At the UN Food Systems Summit +4 Stocktake (UNFSS+4), over 3,500 people from 150 countries came together to…
Cape Town — When COVID-19 swept the globe in early 2020, health experts braced for devastation in Africa. The continent’s healthcare systems, already stretched thin by endemic diseases like malaria, seemed ill-equipped to handle a new pandemic. Yet as the virus spread, a puzzling pattern emerged – many African countries reported lower COVID-19 severity rates…
ADDIS ABABA — Addis Ababa generated 143 billion Birr from conference tourism last fiscal year, underlining the capital’s growing role as Africa’s leading hub for international meetings, Mayor Adanech Abiebie said. The mayor made the announcement during the recent consultative session with hotel and tourism service providers on preparations for upcoming global gatherings, including the…
